Do we always select those projects that have the highest


1) Critically reflect on the importance of selecting the right projects in which to invest capital.

2) Do we always select those projects that have the highest return on investment?

3) What other factors play into capital budgeting decisions?

4) What incentive is there for a company to pay dividends?

5) What signals does dividend policy provide to investors?

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Financial Management: Do we always select those projects that have the highest
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